December 16, 2024
Stenn Collapses Over FinTech’s Possible Ties to Money Launderers
U.K. FinTech Stenn has reportedly collapsed over possible ties to a Russian money laundering scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 16, 2024
HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 16, 2024
AI Validates Trading Partners While Playing Role of B2B Fraud...
The paper check endures, perhaps bafflingly so, in the digital age. There are easier ways to pay, of course, but for commercial transactions, the paper check remains entrenched as a...
December 16, 2024
Why More Connectivity Means More Vulnerability for Cross-Border Payments
Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
December 15, 2024
Rhode Island Benefits Portal Hit by Ransomware Attack
Rhode Island’s public benefits system has reportedly been targeted in a ransomware attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 13, 2024
Flexible Working Capital Solutions Top Holiday Wish List for B2B...
B2B firms have two items at the top of their wish list this holiday season: more liquidity, and greater operational efficiency. Get the Full Story Complete the form to unlock...
December 13, 2024
Banks Step Up Due Diligence on Non-Bank Borrowers
For banks, the ever-expanding push into global markets also has included a broadening of lending activities — to the tune of trillions of dollars. Get the Full Story Complete the...
December 13, 2024
Compliments to the Procurement Collusion Strike Force (and A Trip...
By: Robert Connolly (Cartel Capers) Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
December 13, 2024
Amazon’s Quick Commerce and Drone Advances Ignite Delivery Race With...
It looks like Amazon wants to heat up competition in the delivery space against rival Walmart. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Companies think their identity systems are working—until the numbers prove otherwise. “The Hidden Costs of ‘Good Enough’: Identity Verification in the Age of Bots and Agents,” a PYMNTS Intelligence and Trulioo collaboration, reveals how “good enough” identity verification quietly drains $95 billion in revenue due to fraud and missed opportunities each year. In the age of bots and agents, complacency isn’t just risky—it’s expensive.